Electricity Rates

NOCECO RATES DOWN BY PHP 0.08 FOR THE MONTH OF NOVEMBER 2017

Negros Occidental Electric Cooperative (NOCECO) inform its member-consumers that the overall electricity rate of the residential customers for the month of November is Php 9.8384 per kWh, a decrease of Php 0.0850 per kWh from the previous month’s rate of Php 9.9234 per kWh.

Press Release

NOCECO RATES DOWN BY PHP 0.08 FOR THE MONTH OF NOVEMBER 2017

Negros Occidental Electric Cooperative (NOCECO) inform its member-consumers that the overall electricity rate of the residential customers for the month of November is Php 9.8384 per kWh, a decrease of Php 0.0850 per kWh from the previous month’s rate of Php 9.9234 per kWh.

The main driver of the lower electricity rates this month is the Php 0.1077 per kWh decrease in the generation charge, which moved from Php 5.4098 to Php 5.3021 per kWh.

The generation rate reduction can be attributed to the deferment of implementation of the 10th – 17th Generation Rate Adjustment Mechanism (GRAM), 15th – 16th Incremental Currency Exchange Rate Adjustment (ICERA) and 1st – 5th Automatic Cost Recovery Mechanism (ACRM) True-up Adjustments filed by Power Sector Assets and Liabilities Management Corporation (PSALM). The deferment is based on the ERC Order dated 19th of October 2017.

In addition to the generation charge, the system loss charge also registered a decrease of Php 0.0208 per kWh.

However, transmission and subsidy rates registered an increase of Php 0.0302 per kWh and Php 0.0133 per kWh respectively, by which are offset by the overall decrease in electricity rates.

NOCECO’s distribution, supply and metering charges remain unchanged despite the decrease in the overall electricity rate for this month.

The National Grid Corporation of the Philippines' Load Dropping or Load Shedding

The Negros Occidental Electric Cooperative (NOCECO) expresses its earnest apologies to its member-costumers for the power outages these past few days in different parts of its coverage area. The National Grid Corporation of the Philippines (NGCP) had incurred Load Dropping or Load Shedding caused by...